Tuesday, November 12, 2024: Key Economic Events for Investors

11.11.2024

Tuesday, November 12, 2024: Key Economic Events for Investors

1. European Market Events

United Kingdom

Average Earnings (September) — Published at 07:00 GMT
This data indicates wage growth trends in the UK, influencing inflationary pressures and consumer spending. Rising wages suggest consumer purchasing power, supporting the pound and boosting sectors reliant on domestic consumption. Weak wage growth may lead to concerns about demand, potentially impacting UK equities.
Unemployment Rate (September) — Published at 07:00 GMT
The UK unemployment rate is a key labor market indicator. A decrease suggests a strong job market, which can drive economic growth and influence the Bank of England's policy on interest rates.

Germany and Eurozone

ZEW Economic Sentiment Index (November) — Published at 10:00 GMT
The ZEW Index provides insights into investor sentiment across Germany and the Eurozone. A high reading reflects optimism, likely bolstering the euro and supporting European stocks. A weak index may signal economic concerns, potentially weighing on European markets.

2. Asian Market Events

Japan

Money Supply (October) — Published at 23:50 GMT (November 11)
Japan’s money supply data is an indicator of available capital in the economy. An increase signals economic stimulus, potentially supporting the yen and influencing financial stability. Lower-than-expected growth may lead to concerns about liquidity and economic stagnation.

3. U.S. Market Events

United States

NFIB Small Business Optimism Index (October) — Published at 10:00 GMT
The NFIB Small Business Optimism Index measures the outlook among small business owners. An optimistic reading indicates confidence in the economic environment, supporting U.S. markets and the dollar. A decline in optimism may raise concerns about economic growth and labor market challenges.
Redbook Retail Sales Index (Weekly) — Published at 13:55 GMT
This weekly measure of retail sales offers insights into consumer spending trends. A strong reading suggests solid consumer demand, influencing retail stocks and supporting the dollar. Declining sales could indicate slowing consumer confidence.

4. Other Global Events

Brazil

Retail Sales (September) — Published at 12:00 GMT
Brazil’s retail sales data reflects consumer demand in Latin America’s largest economy. A rise supports the Brazilian real and improves investor sentiment. Weak sales may signal slowing economic activity, affecting Latin American markets.

India

Industrial Production (September) — Published at 12:30 GMT
India’s industrial production index shows the strength of the manufacturing sector. Positive data boosts the rupee and supports equities, while lower production may affect investor confidence in the emerging market.

Investor Focus:

UK Wage Growth and Unemployment Rate: Investors will closely watch the UK labor market data. Strong earnings and low unemployment support consumer spending and may influence the Bank of England’s future rate decisions.
ZEW Economic Sentiment in Germany and Eurozone: The ZEW Index is a key indicator for gauging business and investor sentiment. A positive outlook can boost European equities and the euro, while weak sentiment may add to concerns over economic recovery.
U.S. Small Business Optimism: The NFIB index offers a pulse on small business sentiment. A strong reading supports the dollar and may boost investor confidence in U.S. equities, especially within consumer sectors.
India’s Industrial Production and Brazil’s Retail Sales: Emerging market data from India and Brazil provide insights into economic growth. Positive trends can attract investment into these regions, while weaker results may deter investors seeking growth opportunities.

Impact on U.S. and European Markets

U.S. Market: Investors will focus on small business optimism and consumer retail trends, as these are indicative of the health of the U.S. economy. Strong data may lead to a positive opening for U.S. equities and strengthen the dollar.
European Market: Germany’s ZEW Index and UK labor data are critical. Positive sentiment and labor market strength will likely support European stocks and the euro, while any weak results may push investors toward safer assets.

#EconomicCalendar #InvestorUpdates #OpenOilMarket #GlobalMarkets #UKLaborMarket #ZEWSentiment #Eurozone #SmallBusinessOptimism #RetailSales #EmergingMarkets #BrazilRetail #ndiaProduction #FinancialNews #Investment

Comments:

0 Александр Нефёдов 11.11.2024
📅 Tuesday, November 12 🇩🇪 Germany: Consumer Inflation Index (CPI, October) — 10:00 MSK 🇩🇪 Germany: ZEW Economic Sentiment Index — 13:00 MSK 🇪🇺 Eurozone: ZEW Economic Sentiment Index — 13:00 MSK 🛢 OPEC: Monthly Oil Market Report — 15:00 MSK 🇷🇺 Russia: Trade Balance (September) — 16:00 MSK 🇺🇸 USA: 1-Year Consumer Inflation Expectations (NY Fed, October) — 19:00 MSK Key Points to Watch: Germany's CPI and the ZEW Economic Sentiment data for both Germany and the Eurozone could impact the euro's exchange rate. OPEC’s monthly report and Russia's trade balance figures are expected to influence oil prices and the ruble. Additionally, the U.S. inflation expectations report may offer insight into future market sentiment.

You might be interested

Friday, November 15, 2024: Key Economic Events for Investors

Friday closes the week with critical economic indicators across global markets. Investors will focus on Eurozone inflation data and UK retail sales, offering insights into consumer behavior and price stability in Europe. In the U.S., industrial production and consumer sentiment data will shape expectations for economic resilience, while import/export prices shed light on inflationary pressures. China’s new home prices give a pulse on the housing market, and the Baker Hughes oil rig count will influence energy prices. Emerging market data from India and Brazil add to the day’s insights, making it essential for investors to stay updated with Open Oil Market!

BMW and Mercedes Could Return to Russia: What This Means for the Market and Investors

Amid rising Chinese influence in Russia’s auto market, German automakers BMW and Mercedes are considering a return as early as 2025, according to Schneider Group’s Ulf Schneider. This potential re-entry could rebalance the market, offering Russian consumers more options and providing German brands a path to recoup losses from sanctions. What are the implications for the Russian automotive industry and investors? Dive into our analysis of this pivotal move for Europe’s leading automakers and the opportunities and risks it presents for the investment landscape.

Thursday, November 14, 2024: Key Economic Events for Investors

Thursday’s economic calendar is packed with high-impact events for investors, with central bank rate decisions from both the Bank of England and the Federal Reserve. These decisions will be closely monitored, as they could shape policy expectations and influence markets. Europe will also see key data releases, including Germany’s industrial production and the Eurozone trade balance, providing insights into the region’s economic health. In Asia, China’s fixed asset investment data and Japan’s revised industrial production will give a pulse on manufacturing and infrastructure. In the U.S., weekly jobless claims and natural gas storage reports will be in focus alongside the FOMC rate decision and press conference. These events are set to drive markets, making it a crucial day for investors — stay informed with Open Oil Market!

Wednesday, November 13, 2024: Key Economic Events for Investors

Midweek brings crucial economic updates, with inflation data from the U.S., UK, and Russia taking center stage. Investors will be closely monitoring CPI releases to assess inflationary pressures and anticipate potential shifts in central bank policies. In Europe, industrial production data from the Eurozone will provide insights into the region’s manufacturing strength, while in Asia, China’s trade balance figures offer a pulse on global demand. Additionally, the EIA’s oil inventory report in the U.S. will be pivotal for energy markets. These indicators could set the tone for markets across sectors — stay informed with Open Oil Market!

Singles' Day in China: Impact on the Stock Market and Global Economy

November 11 marks Singles' Day in China, the world’s largest shopping event comparable to Black Friday in the U.S. This day not only drives record sales for retail giants like Alibaba and JD.com but also offers crucial insights into Chinese consumer sentiment and economic activity. Discover how Singles' Day affects stock markets in the U.S. and globally, and why it matters for Russian investors.

Veterans Day in the U.S.: Impact on the Stock Market and Global Investments

On November 11, the U.S. honors Veterans Day, which influences trading activity on American and international markets. While stock exchanges remain open, the closure of banks and financial institutions leads to reduced liquidity, creating unique conditions that can impact stock indices, commodities, and currencies. This article explores how Veterans Day affects markets worldwide and offers insights for Russian investors looking to navigate potential volatility.

Monday, November 11, 2024: Key Economic Events for Investors

Start the week with a focus on pivotal economic indicators across the globe. Monday's calendar includes Germany's industrial production data, which will set the tone for Europe’s manufacturing outlook, and the Eurozone Investor Confidence Index, providing insight into market sentiment across Europe. In Asia, Japan’s leading economic index and China’s new yuan loans offer a glimpse into economic momentum, while U.S. consumer credit data will shed light on household spending trends. Stay informed as these events unfold and potentially influence global markets — all tracked by Open Oil Market!

Weekly Economic Events Calendar for Traders in the U.S. and Russia (November 11 – November 15, 2024)

This week brings a series of high-impact economic events for traders in the U.S. and Russia. From inflation and GDP updates in major global markets to central bank rate decisions and trade balance data, these events could set the tone for market movements. Key highlights include the FOMC and Bank of England rate decisions, China’s potential fiscal stimulus announcements, and U.S. consumer confidence indicators. Russian traders will keep an eye on domestic inflation and industrial production data, while U.S. traders track CPI, oil inventories, and the USDA’s agricultural report. Stay tuned for impactful shifts across currencies, commodities, and stocks, as global events unfold!

Can the EU Replace Russian LNG with American? Realities, Benefits, and Risks for the European Market

With the EU considering a shift from Russian LNG to American supplies, the question arises: is this transition technically feasible and economically sound? This article delves into the logistical, infrastructural, and financial challenges of replacing Russian gas, analyzing its impact on the European market and what it could mean for investors.

The Future of the Dollar and the Prospect of a BRICS Currency: Insights from Putin’s Statements

As global discussions around the U.S. dollar's future and a potential BRICS currency gain momentum, President Putin’s recent comments highlight both the challenges and opportunities ahead. While Russia does not seek to abandon the dollar, evolving U.S. policies are driving nations to consider alternatives. In this article, I, Sergey Tereshkin, CEO of Open Oil Market, delve into the implications of Putin’s statements and explore what these shifts could mean for international finance, BRICS cooperation, and economic resilience.